713 32nd StWest Des MoinesIA50265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Des Moines at 713 32nd St, West Des Moines, IA, 50265 uses $106,080 cash to close to unlock $4,428/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,566/mo payment keeps the spread at $369/mo. Purchase price stands at $320,000, and rental yield measures 9.18% with $2,447/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 125.61% and total cumulative return in cash records $133,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lehman, Sarah • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #723564
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.